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Datatec reported strong performance across the board in FY26. Adjusted EBITDA and underlying EPS (uEPS) came in ahead of our forecasts and showed growth of 18% and 35% respectively. Enterprise AI adoption is fuelling demand for AI infrastructure and related services on a multi-year basis. Trading has remained resilient despite geopolitical issues, and management expects continued strong performance in FY27. We have upgraded our forecasts, with uEPS upgrades of 8% in FY27 and 6% in FY28.
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Strong demand and operational leverage drive upgrades
Mon, 15th Jun 2026 07:36
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